Reasons to take short
โญ๏ธ BTC is bearish
โญ๏ธ Trend bearish
โญ๏ธ Level is 12d old
โญ๏ธ Level is visible on multiple timeframes
โญ๏ธ In the end of formation
โญ๏ธ Multiple close retests
โญ๏ธ False breakout
โญ๏ธ 5th touch
โญ๏ธ Under VWAP
Will enter when price squeezes to the level on lower timeframes, the base will form and the strip will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments๐๐
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones